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NEFCU launches Google Home banking app with Conversation.one

OK Google, ask NEFCU for my balance!

Nassau Educators Federal Credit Union (NEFCU), a 200,000-member institution in Long Island, US, has launched its Google Home Action and Google Assistant app. The solution is based on the Conversation.one platform.

Microsoft and AWS buddy up to democratise machine learning

microsoft

Microsoft and Amazon Web Services (AWS) have teamed up to launch an open-source, deep learning library called Gluon which will make machine learning (ML) more accessible to a wider range of developers, reports Telecoms.com (Banking Technology’s sister publication). That will be the key to winning the machine learning race. Not making the most complex and […]

Central banking and fintech: a brave new world?

Christine Lagarde, IMF

This is a moment to celebrate 20 years of independence during which the Bank of England has been a stabilising force for the UK economy, inspiring others in the world of central banking.

Pindrop releases “next-gen” Phoneprinting with machine-learning might

Pindrop

Pindrop has released Pindrop Protect 4.0, which includes its patented high-definition Phoneprinting technology that analyses more than 1,300 features of a call’s audio to detect the subtle anomalies that indicate fraud, and determine the device type, geolocation and carrier.

State Street unveils Quantextual Idea Lab for investment research

State Street

State Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. It reckons financial research teams can produce enough content to consume 24 reams or 12,000 […]

Petal uses machine learning to underwrite credit without credit score

Petal

After two years of stealth technology development and $3.6 million in venture capital backing, New York City-based Petal has announced a credit card that uses machine learning to underwrite customers instead of traditional credit scores.

What we learnt at CloudSec: life, death and Twitter

Death and smartphone

Before you get too excited about the down and dirty world of cloud security, we should warn you this is more of a light-hearted report on the quirky things our sister publication Telecoms.com picked up at the CloudSec conference.

Crealogix purchases AI and machine learning tech from Koemei

Crealogix 1

Swiss digital banking company Crealogix has bolstered its artificial intelligence (AI) and machine learning capabilities with the acquisition of new technology from Koemei, reports Julie Muhn at Finovate (Banking Technology’s sister company). Crealogix will leverage Koemei’s technology that uses automated speech recognition (ASR) to convert audio, podcast, and video content into text data, which facilitates cross-media […]

Mexico-based MIT taps Featurespace for payments fraud prevention

Fraud will not pass

Machine learning continues to take centre stage in fraud prevention for the payments industry. Mexico-based payments processor Mercadotecnia Ideas y Tecnologia (Marketing, Ideas and Technology – MIT) has partnered with UK-based Featurespace to help its 17,000 merchants prevent payments fraud.

Mastercard buys in to AI with Brighterion

Mastercard

Mastercard has entered into an agreement to acquire Brighterion, a software company specialising in artificial intelligence (AI), reports Banking Technology‘s sister publication Paybefore. This acquisition follows Mastercard’s March acquisition of NuData Security and will further expand Mastercard’s capabilities to “deliver an enhanced customer experience and security”. Brighterion’s portfolio of AI and machine learning technologies provide real-time […]

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